Job Description

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.We are inviting applications for the role of Consultant - Treaty Modelling.
In this role, you will be using client data to model exposures using 3rd party applications (AIR (Mandate), RMS etc). Key output of this process is a summary of exposures and technical price to underwriters. Key steps this process involves scrubbing of Exposure data, attach database, applications of financial terms/ treaties & conditions and Modeling of data & publishing results.
Responsibilities

• Submission review - Checking for completeness of data submitted by underwriters and following-up with underwriters (as required) for e.g. Cede files, RDM, EDM, slip etc.
• Understanding of Insurance/ Reinsurance layer/ CAT structure
• Ability to read & interpret slip to identify analysis to be run for modelling
• Application of financial terms/ treaties as per slip
• Merging of analysis to calculate overall exposure in the portfolio
• Prepare results, Ground up CTE, Return Period Losses, Net Pre CAT, Reinsurance Net Loss, AALs etc. & share with UWs
• Run SQL scripts to perform day to day process steps
• Validating results against previous renewals and providing summary to UWs to explain variations
• Generate insights that enables better risk management based on knowledge of client data

Qualifications we seek in you!
Minimum Qualifications

• Graduate in quantitative sciences
• Relevant experience in CAT modeling including experience in Reinsurance Treaty Modelling (mandate)
• Working knowledge of AIR (mandate)/RMS (preferred)
• Proficiency in MS Excel
• Basic understanding of SQL

Preferred Qualifications

• Advanced knowledge of MS Excel and SQL preferred
• Excellent analytical ability
• High speed of execution
• Good Social skills

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at www.genpact.com and on X, Facebook, LinkedIn, and YouTube.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a \'starter kit,\' paying to apply, or purchasing equipment or training.

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